This is a strategy of attempting to influence demand for products and services made by a company so that the supply chain can be managed most efficiently.
A) Demand planning
B) JIT
C) Supply chain management
D) Benchmarking
E) Complexity management

Question

Quizplus · Accepted Answer

Demand planning involves analyzing consumer behavior and market trends to predict the demand for a company's products and services. By accurately forecasting demand, a company can optimize its supply chain operations to minimize excess inventory and reduce the risk of stockouts. This helps to improve efficiency and reduce costs throughout the supply chain.

This Is a Strategy of Attempting to Influence Demand for Products